Common use of No Mitigation Duty Clause in Contracts

No Mitigation Duty. The Corporation shall not be entitled to set off any of the following amounts against the payments or benefits to which the Executive may become entitled under Part Three of this Agreement: (i) any amounts which the Executive may subsequently earn through other employment or service following his termination of employment with the Corporation or (ii) any amounts which the Executive might have potentially earned in other employment or service had he sought such other employment or service.

Appears in 6 contracts

Samples: Employment Agreement (Legato Systems Inc), Employment Agreement (Portal Software Inc), Employment Agreement (Legato Systems Inc)

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No Mitigation Duty. The Corporation shall not be entitled to set off any of the following amounts against the payments or benefits to which the Executive may become entitled under Part Three or Part Four of this Agreement: (i) any amounts which the Executive may subsequently earn through other employment or service following his termination of employment with the Corporation Corporation, or (ii) any amounts which the Executive might have potentially earned in other employment or service had he sought such other employment or service.

Appears in 2 contracts

Samples: Employment Agreement (Legato Systems Inc), Employment Agreement (Legato Systems Inc)

No Mitigation Duty. The Except as provided in Paragraph 4.C.(2) of Part Two, the Corporation shall not be entitled to set off any of the following amounts against the payments or benefits to which the Executive may become entitled under Part Three Two of this Agreement: (i) any amounts which the or benefits that Executive may subsequently earn through other employment or service following his the termination of his employment with the Corporation hereunder, or (ii) any amounts which the or benefits that Executive might have potentially earned in other employment or service had he sought such other employment or service.

Appears in 1 contract

Samples: Employment Agreement (Corgi International LTD)

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No Mitigation Duty. The Corporation shall not be entitled to set off any of the following amounts against the payments or benefits to which the Executive may become entitled under Part Three Three, Part Four or Part Five of this Agreement: (i) any amounts which the Executive may subsequently earn through other employment or service following his termination of employment with the Corporation or (ii) any amounts which the Executive might have potentially earned in other employment or service had he sought such other employment or service.

Appears in 1 contract

Samples: Employment Agreement (Mercury Interactive Corp)

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